production | Egypt Oil & Gas - Part 24

Eni’s Ndungu Field Proves Production Estimates at 800 – 1000 mmboe

After successfully drilling Ndungu 2 appraisal well, Eni announced that the field proved production estimated at 800 - 1000 million barrels of oil equivalent (mmboe) in place.

UOG Commences Production from ASD-2 in Abu Sennan

United Oil & Gas has announced that it started production from the ASD-2 well at an initial rate of c. 2,100 barrels of oil equivalent per day (boe/d) gross and c.462 boe/d net.

PETRONAS Commences Natural Gas Production from Pegaga Field

PETRONAS has announced that its Pegaga field entered into its natural gas production phase. The field is located in Block SK320, off the coast of Sarawak in Malaysia and its production will feed into the PETRONAS ...

Eni, Sonatrach Make New Discovery in Zemlet el Arbi Concession

Eni and Sonatrach announced that they have made a landmark oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert.

Aramco Achieves Net Income Worth $110B in 2021

Saudi Arabia's Aramco announced that it has achieved a jump in its net profits which more than doubled year-on-year (YoY) by 124% to $110 billion in 2021 compared to $49 billion in 2020.

NIOC Signs Contract for Oil & Gas Development at South Pars Layer

The CEO of the National Iranian Oil Company(NIOC) , Mohsen KhojastehMehr, announced that the company has signed a contract for the development, production and increase of oil production from the South Pars oil lay ...

PTTEP, Chevron Acquire Shell’s Stake in Myanmar

PTTEP International, a subsidiary of the Thai national energy company PTT, confirmed it decision to take over the operatorship of Yadana and MGTVC in addition to TotalEnergies' share in Yadana.

Equinor to Increase Natural Gas Supply to Europe Throughout the Summer

Equinor and its partners, together announced that they will intensify their production to meet the gas demand in Europe during summer months.

QatarEnergy Opens Barzan Gas Plant

QatarEnergy announced that it has inaugurated the Barzan Gas Plant in a special ceremony held at Ras Laffan Industrial City in attendance of Sheikh Tamim bin Hamad Al-Thani, the Amir of the State of Qatar.

Sinopec’s Refineries Sustain “Fairly High” Production Level Amid Supply Disruption

Ma Yongsheng, Sinopec's chairman, stated that the company’s refineries are operating at “fairly high” level to secure steady fuel supply in the country amid global oil supply disruption due to Russian’s invasion t ...

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